Appreciate Group Plc reports 2.1% improvement in revenue for FY20

  • Aug 12, 2020 BST
  • Team Kalkine
Appreciate Group Plc reports 2.1% improvement in revenue for FY20

 

Appreciate Group Plc (LON: APP) has released its final results for the financial year ended 31 March 2020.

  • The company’s trading for the 11-month period to the end of February 2020 remained in line with expectations, however, the final month of the financial year was impacted by the lockdown imposed due to the COVID-19.
  • Revenue of the company improved by 2.1 per cent to £112.7 million from £110.4 million of 2019.
  • Profit before tax before exceptional items declined to £11.4 million as compared to £12.5 million in 2019.
  • On 12 August 2020, at the time of writing, GMT 08:47 AM, APP shares were trading at GBX 37.00, down by 2.90 points or 7.73% against the previous day closing price.

 


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